Gas discovery in Egypt

Total, BP and Eni (as the operator) have made a gas discovery with the Bashrush well on the North El Hammad license, located eleven kilometers off the Egyptian coast.  

The well has been opened to test potentiality of production, and it delivered up to 32 MMscfd of gas. The test rate was limited by surface testing facilities. The well deliverability in production configuration is estimated at up to 100 MMscf of gas and 800 barrels of condensate per day.

 “We are very pleased to announce this discovery in Egypt. These results support our strategy to allocate a significant share of our exploration budget to the search of hydrocarbons in the vicinity of existing infrastructures,” said Kevin McLachlan, senior vice president Exploration at Total. “These resources have low development costs since they can rapidly be tie-in and put into production.”

Eni, together with its partners BP and Total and in coordination with Egyptian Natural Gas Holding Company, will continue screening the development options of Bashrush, with the aim of fast tracking production through synergies with the area's existing infrastructures.

In the North El Hammad concession, which is in participation with the Egyptian Natural Gas Holding Company (EGAS), Eni through its affiliate IEOC holds 37.5 per cent interest and the role of Operator, BP holds the 37.5 per cent, and Total holds the 25 per cent of the contractor share.